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External articles (76)

TAFJA calls for heavy taxes on big business and the wealthy, and cutting corporate tax perks, as key steps in raising public finance for COVID-19 responses

As the COVID19 public health crisis continues to intensify, deep flaws in our societies and economies have become abundantly clear. It is a system that puts profits before people, privileges corporations and the wealthy, and deepens many forms of inequality and injustice, including gender inequal

Source: www.apmdd.org

Spotlight 2019: Reshaping governance for sustainability

The 2019 Spotlight Report report dives more deeply into the (global) governance arrangements and institutions that will be necessary to implement alternative policies and to unleash the transformative potential of the SDGs. It offers analysis and recommendations on how to strengthen inclusive and participatory governance and to overcome obstacles and gaps in the implementation of the 2030 Agenda and the SDGs. In doing this, it poses a strong call to action to world leaders just in advance of the SDG Summit in September 2019.

Source: www.2030spotlight.org

The impacts of austerity on health

Austerity is a policy used by governments to save money, either as an overall reduction in government spending as a percentage of GPD, or specific reductions in government spending. However it is defined, austerity causes specific losses to specific people.

Source: PSI

PPP model: debt and transparency risks

A new report by Peruvian researchers Germán Alarco Tosoni and Ciro Salazar Valdivia through LATINDD reveals debt and transparency risks in the PPP model and provides recommendations. The study “includes the experience of PPPs implemented in Peru and the cost that these have had for the government of this country, as well as the overcosts that they have had during realization. Among the main problems that this business model implies, the lack of evaluation mechanisms to define whether the APP model is the best option for project execution; It also carries fiscal risks because the PPP dealership plays the same role as a public debt holder; finally the text also considers the weaknesses that the project can have in the planning stages, in the institutionality of the country in which it is developed and the transparency with which the works will be executed.”

Source: LATINDADD

The IMF and PPPs: A master class in double-speak

María José Romero and Gino Brunswijck of Eurodad say the International Monetary Fund (IMF) is simultaneously warning about the fiscal effects of ‘public-private partnerships’ and promoting them. “The advice of the IMF seems to lack coherence when it comes to PPPs. On the one hand the IMF recognises the fiscal risks associated with PPPs in its policy advice, while on the other there is a continued push for fiscal austerity measures, which has paved the way for the introduction of PPPs in many countries.”consolidation.

Source: Bretton Woods Project

World Bank Financializing Development

The World Bank has successfully legitimized the notion that private finance is the solution to pressing development and welfare concerns, including achieving the Sustainable Development Goals (SDGs) through Agenda 2030. The Bank's ‘Maximizing Finance for Development' (MFD) strategy marks a new stage. The MFD presumes that public money should mainly be used to leverage private finance.

Source: www.ipsnews.net

Can public-private partnerships deliver gender equality?

On the eve of International Women's Day, a new report “Can Public-private Partnerships deliver gender equality?” was released by a European Network on Debt and Development (EURODAD). The report says: "PPPs are being actively promoted by donor governments and international financial institutions to fund social services and infrastructure projects around the world. However, support for PPPs runs counter to governments’ commitments to promote gender equality and the fullfilment of women’s rights under Agenda 2030 and elsewhere ". This report aims to contribute to the growing civil society debate about PPPs and describes how they could create additional fiscal constraints that undermine the state’s capacity to deliver gender-transformative public services and infrastructure, or to promote decent work for women.

Source: eurodad.org